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1608 Shepherd Lane1608 Shepherd Lane Listing photo id 0 for 1608 Shepherd Lane Listing photo id 1 for 1608 Shepherd Lane Listing photo id 2 for 1608 Shepherd Lane
  • MLS#: S5143901 ( Commercial Sale )
  • Street Address: 1608 Shepherd Lane
  • Viewed: 4
  • Price: $2,000,000
  • Price sqft: $484
  • Waterfront: No
  • Year Built: 1975
  • Bldg sqft: 4130
  • Days On Market: 17
  • Additional Information
  • Geolocation: 28.2598 / -81.5062
  • County: OSCEOLA
  • City: INTERCESSION CITY
  • Zipcode: 33848
  • Subdivision: Cox Rudd Add Intercession City
  • Provided by: LUXURY ORLANDO REAL ESTATE
  • Contact: Anthony Giuffrida, PA
  • 407-705-7634
  • mfrmls
  • DMCA Notice
  • Description
    Triple NET NNN Leased Gas Station on the corner of S. Orange Blossom Trail (OBT) and Shepherd Ln. in Intercession City near Kissimmee/St.Cloud. Currently leased for $10,986/month + increases $350/year. Tenant pays property taxes, insurance, and building maintenance. 20 year lease agreement in place with 17 years remaining. 4 fuel pumps gasoline & diesel + convenience store. Operator runs more than 40 locations in Florida/Georgia. Great investment "mailbox money" No Work!!! Recently remodeled station with new LED canopy lighting. Buy this and receive $10,986/month or $131,832/year NET. This translates to a 6.59% CAP Rate NO WORK, all while the property appreciates in value. An additional adjoining 1 acre can be purchased for $350,000 already cleared and fenced
Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Legal Description
  1. COX RUDD ADD PB 1 PG 306 BLK 11 LOTS 1 & 2 AND INTEROCEAN CITY SEC A PB 1 PG 169 BLK 26 LOT 9 AND VAC COLLEGE AVE
Living Area
  1. 2400.00
Area Major
  1. 33848 - Intercession City
Net Operating Income
  1. 131832.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 03-26-28-2880-0011-0010
Parking Features
  1. Parking Spaces - 6 to 12
Possession
  1. Close Of Escrow
Property Condition
  1. Completed
Property Type
  1. Commercial Sale
Road Frontage Type
  1. City Street
  2. County Road
Roof
  1. Membrane
Tax Year
  1. 2025
Township
  1. 26S
Virtual Tour Url
  1. www.floridagasstationsforsale.com
Year Built
  1. 1975
Zoning Code
  1. OCN